Building wealth isn’t exactly easy, but it definitely doesn’t have to be hard either. It’s more about discipline and routine than intelligence. Intelligence and knowledge help once you get to the more advanced stages, but when you’re starting out, all you really need is a plan and the willingness to stick to it. I’m going…
You probably have a 401k and some protection that is available to you through your employer. These are all great ways to get your feet wet in the financial planning world. Some who have done individual research might have even opened up an IRA or 529 plan on their own.
America has reached a new economic milestone – or maybe a millstone – of $1.52 trillion. Which of the following does this number represent?
How do you plan to fund your children’s education? You’re probably counting on scholarships and grants, right? Reliance on scholarships and grants is the highest in a decade, while college savings is on the decline, according to a new report from Sallie Mae. Savings covers less than one quarter of collegiate funding for the typical…
It Will Cost You More to Buy a Home The housing market topped a new threshold over the past week. Buoyed by a strong economy and a series of interest rate increases by the Federal Reserve, thirty-year fixed mortgage interest rates reached 4.61 percent – the highest number since May of 2011. Rates crossed the…
A new government report provides both good news and bad news about America’s massive consumer debt load. The bad news: America’s total consumer debt continues to rise. According to May’s G.19 Consumer Credit Report from the Federal Reserve, combined (revolving and nonrevolving) outstanding debt rose by $11.7 billion in March to reach $3.875 trillion –…
How would you like an overnight increase in your credit score, through no action of your own? An estimated 11% of Americans experienced an immediate credit boost as of April 16. It wasn’t a visit from the Credit Fairy, but rather the result of regulatory oversight.
After Bitcoin’s meteoric rise, there was a soaring interest in cryptocurrency. But, as the flagship cryptocurrency continues to tumble, many became hesitant to get in the game.
Bitcoin made headlines last year after reaching meteoric heights. At one point, each Bitcoin was valued at over $19,000, driving up interest in cryptocurrency investments. But since that peak, the Bitcoin decline left many who aren’t familiar with cryptocurrency investments with questions. Most notably, what was causing Bitcoin to sink. If you’ve asked yourself the…
After the meteoric rise of Bitcoin during 2017, more people are open to investing in cryptocurrencies. The aim is to purchase a cryptocurrency, usually as Altcoin investments, when the price is low. Then, if the value increases, you can convert your investment back into cash, allowing you to experience a profit. Bitcoin’s success is at…